sccv20240521

sccv20240521_8k.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report: May 22, 2025

(Date of earliest event reported)

Firsthand Technology Value Fund, Inc.

(Exact name of registrant as specified in its charter)

Maryland	814-00830	27-3008946
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification Number)


150 Almaden Blvd., Suite 1250 San Jose, CA		95113
(Address of principal executive offices)		(Zip Code)

(800) 976-8776

(Registrant's telephone number, including area code)

Not Applicable

(Former Name or Former Address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common stock, par value $0.001 per share	SVVC	OTC Markets

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

☒ Emerging growth company

☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Item 5.07. Submission of Matters to a Vote of Security Holders.

Firsthand Technology Value Fund, Inc. (“Firsthand”) held its Annual Meeting on May 21, 2025. As of the record date, March 14, 2025, 6,893,056 shares of Firsthand common stock were outstanding and entitled to vote at the Annual Meeting. A total of 5,186,854 shares of Firsthand common stock, constituting a quorum, were present in person or by proxy at the Annual Meeting.

Firsthand’s stockholders voted on two proposals at the Annual Meeting. The proposals are further described in the Proxy Statement. The final results of the votes regarding each proposal are set forth below.

Proposal 1. Election of directors

Firsthand stockholders elected one Class II director (Kimun Lee), with a plurality of the votes cast, to serve until the 2028 annual meeting of stockholders and until his successor is elected. The voting results regarding this proposal are set forth below:

Nominee	For	Withheld	Broker Non-Votes	Total Shares Voted	Total Shares Present
Kimun Lee	905,257	2,858,531	1,423,066	3,763,788	5,186,854

Proposal 2. Ratification of appointment of independent public accounting firm

Firsthand’s stockholders ratified the selection of Tait, Weller & Baker LLP as Firsthand’s independent registered public accounting firm for the fiscal year ending December 31, 2025. The voting results regarding this proposal are set forth below:

For	2,616,595
Against	2,565,830
Abstain	4,428
Broker Non-Votes	-
Total Shares Voted	5,186,854
Total Shares Present	5,186,854

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: May 22, 2025

FIRSTHAND TECHNOLOGY VALUE FUND, INC.

By: /s/ Kevin Landis
Kevin Landis
President

Firsthand Technology Value Fund Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders